Teleradiology software market is anticipated to grow at a significant CAGR of 7.5% during the forecast period. The increasing availability of more affordable and faster wireless data transfer, mass storage options, and broadband cellular technology has driven the growth of the global teleradiology software market. The rising prevalence of chronic disorders coupled with the rising healthcare expenditure has further increasing its adoption, globally. According to the World Health Organization, Cancer was a leading cause of mortality worldwide, accounting for nearly 10 million mortalities in 2020, or nearly one in six deaths. The most common cancers are breast, lung, colon and rectum and prostate cancers. Additionally, according to estimates from the International Agency for Research on Cancer (IARC) updates from July 2021, by 2040, the global burden of cancers is expected to grow to 27.5 million new cancer cases and 16.3 million deaths worldwide.
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In August 2023, Telerad Group has announced the signing of a Memorandum of Understanding (MoU) with National Institute of Mental Health and Neurosciences (NIMHANS), Bengaluru to strengthen efforts in the prompt detection and interpretation of stroke and head injuries. NeuralAssist is integrated into RADSpa, a next generation AI-enabled radiology workflow platform with in-built Radiology Information System-picture archiving information system (RIS-PACS), which is scalable and designed to meet the requirements of Teleradiology.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Teleradiology Software Market Report Segment
By Type
- Radiology Information System
- Picture Archive and Communication Systems
- Vendor Neutral Archive
By Deployment Model
- On-Premises
- Cloud-Based
Global Teleradiology Software Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global teleradiology software market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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